The Morning Wire / Wed Sep 16, 2026

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The Morning Wire

The trading day in one page — Wed, Sep 16
● Written from USDA reportsEvery figure as filed
← Sep 15Sep 16Sep 17 →

The market in a line

Wed, Sep 16
Choice cutout held near $375.81. 51 barns across 23 states reported 2,970 priced lots.

Feeder steers

National, week of Sep 14 USDA
Weighted across every reported lot, by weight class. Weekly rather than daily — one day's barns are too thin a base for a national figure.
WeightPricevs prior weekHeadBarns
300-399 lb498.30/cwt$13.88 higher2,902148
400-499 lb450.87/cwt$10.19 higher7,763167
500-599 lb403.36/cwt$12.77 higher12,243167
600-699 lb363.27/cwt$10.59 higher10,010163
700-799 lb344.17/cwt$4.48 higher7,980146
800-899 lb334.77/cwt$10.37 lower11,797109

Barn by barn, 500–599 lb steers

Same day, same class USDA
Every barn that sold at least 20 head of this class on Wed, Sep 16, weighted by head. Spread of $110.09 between the top and bottom of 19 barns. An average moves with the cattle that showed up as much as with the buyers in the seats — a yard with better grade will average higher on the same demand. This is where the money landed, not a verdict on the barn.
BarnStateAverageHead
Torrington Livestock Commission CompanyWY443.03/cwt76
Windsor Livestock AuctionMO432.62/cwt90
Bloomfield Livestock AuctionIA430.72/cwt496
Winter Livestock - Dodge CityKS426.85/cwt52
'R' Livestock ConnectionUT420.42/cwt65
South Central Regional StockyardsMO420.23/cwt82
Springfield Livestock Marketing CenterMO417.58/cwt75
Russell Springs Livestock AuctionKY401.29/cwt58
Roanoke StockyardsAL399.82/cwt38
Southern Oklahoma Livestock AuctionOK389.30/cwt143
Farmington Regional StockyardsMO386.16/cwt34
Green Forest StockyardsAR380.43/cwt63
Lafayette Livestock AuctionTN374.49/cwt37
Lucedale Livestock AuctionMS369.69/cwt63
McMinnville Livestock AuctionTN366.17/cwt113
Clovis Livestock AuctionNM362.93/cwt262
Arcadia Stockyard (Wed)FL362.45/cwt60
AshburnGA344.98/cwt52
Norwood Livestock AuctionNC332.94/cwt21

Boxed beef

PM close · Sep 16 USDA
Choice $375.81, $0.27 lower. Select $354.57, $1.79 lower. The Choice–Select spread stands at $21.24. 119 loads traded.

Fed cattle

Negotiated cash, week to date USDA
23,885 head traded Sep 10–Sep 16.
RegionBasisPriceHead
Iowa-MinnesotaDressed Delivered351.546,219
Iowa-MinnesotaDressed FOB349.78372
Iowa-MinnesotaLive Delivered219.02208
Iowa-MinnesotaLive FOB222.075,822
NebraskaDressed Delivered350.276,134
NebraskaDressed FOB350.00830

At the barns

USDA market reporters, as filed USDA
One barn per state, largest first — more states file than fit here. Your own state is linked below.

Compared to last sale; Steer calves sold steady to 15.00 higher except 450-500 lbs were 7.00 lower. Feeder steers sold steady to 12.00 higher. Heifer calves sold higher with the exception of 450-500 lbs being 10.00 lower. Feeder heifers sold higher.

Clovis Livestock Auction · New Mexico

Compared to last week, feeder steers and heifers over 650 lbs sold 10.00 to 15.00 higher. Steers and heifers under 650 lbs sold steady, strong undertone. Slaughter cows sold steady, strong undertone. Good demand for moderate to heavy supply.

Winter Livestock - Dodge City · Kansas

A limited number of comparable offerings from two weeks ago with 1000 lbs steers trading 4.00 higher and 900 lbs spayed heifers trading 11.00 higher. Demand was good with several buyers and active internet bidding. Next Auction Date: Sept 30th Special Feeder Cattle Auction.

Bassett · Nebraska

Today was the Annual Special Early Bird Calf Sale. Steers and heifers sold with a higher undertone, although they were not well compared. Demand was very good today and included active internet bidding.

Bloomfield Livestock Auction · Iowa

Compared to last week. Steers 15.00 to 25.00 higher. Heifers 5.00 to 10.00 higher. Demand was good with good weigh conditions compared to last week.

Southern Oklahoma Livestock Auction · Oklahoma

Compared to last sale (9-9-26): Feeder steer and heifer calves were too lightly tested last sale to develop any market trend. Yearling steers were too lightly tested to develop any market trend.

Public Auction Yards · Montana

Compared to last week, lightweight steer calves under 500lbs sold sharply higher, and steers weighing 500lbs to 750lbs sold mostly 15.00 to 35.00 higher. Heifers under 600lbs sold mostly 20.00 to 40.00 higher, and heavier weights had few comparisons.

Springfield Livestock Marketing Center · Missouri

Compared to one week ago: Slaughter cows and bulls mostly steady. Feeder steers, bulls, and heifers 2.00 to 6.00 higher.

Arcadia Stockyard (Wed) · Florida

Cows and bulls

National direct, dressed USDA
ClassPriceDirectionHead
Breaker (75% lean)275.26/cwt$1.94 lower836
Boner (85% lean)285.36/cwt$5.26 higher2,155
Cutter (90% lean)291.34/cwt$6.97 higher4,015
Premium White299.19/cwt$12.36 lower2,166
Bull (92% lean)333.09/cwt$3.50 lower463

What published

See every report →
95 USDA reports carried this date — sale barns, state summaries, video and board sales, grain, hay and the national desks.
Source: USDA AMS. Every figure is USDA's as filed, and the direction words — higher, lower, steady— follow the arithmetic rather than an opinion. Quoted comment is the work of USDA market reporters, credited to the sale it came from. This is RaisedBeef's rendering of USDA data, not a copy of USDA's document and not endorsed by USDA.